Summit Midstream Partners Considers Strategic Alternatives
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Summit Midstream Partners Considers Strategic Alternatives

Summit Midstream Partners explores strategic alternatives, including potential sale, to maximize value. CEO optimistic about company's outlook.

Stocks Close Mixed as Government Debt Selloff Resumes
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Stocks Close Mixed as Government Debt Selloff Resumes

Stocks closed mostly higher as U.S. government debt selloff resumed, while Nasdaq Composite Index gained. Concerns over surging borrowing costs and debt rout impact.

FDA Sends Complete Response Letter to Eli Lilly for Atopic Eczema Treatment
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FDA Sends Complete Response Letter to Eli Lilly for Atopic Eczema Treatment

The FDA has sent a response letter to Eli Lilly for their atopic eczema treatment. The stock experienced a slight dip, but remains optimistic about their diabetes treatment.

Electric-Vehicle Sales Surge to New Heights
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Electric-Vehicle Sales Surge to New Heights

Electric-vehicle sales in the US are surging, with a projected 48% increase this year and a record-breaking 8% market share. However, concerns over dealer inventories and low demand in certain regions need to be addressed.

The Potential Iceberg Ahead: U.S. Corporate Debt and Its Implications
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The Potential Iceberg Ahead: U.S. Corporate Debt and Its Implications

Explore the risks of high U.S. corporate debt and its potential impact on the economy. Learn about the performance of high-yield bonds in a challenging bond market.

Justice Department Files Antitrust Lawsuit Against Agri Stats
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Justice Department Files Antitrust Lawsuit Against Agri Stats

The Justice Department has filed a civil antitrust lawsuit against Agri Stats, a meat data provider, for allegedly orchestrating anticompetitive information exchanges among meat processors. This has led to negative consequences for customer...

Cryptocurrency Market Update
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Cryptocurrency Market Update

Most major cryptocurrencies saw gains in morning trading, with Ethereum, Bitcoin, and Solana among the top performers. Ripple was the only one to decline. Additionally, related company stocks like Coinbase, MicroStrategy, and Riot Platforms...

Micron Technology Soars Despite Margin Outlook Surprise
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Micron Technology Soars Despite Margin Outlook Surprise

Micron Technology's stock drops following margin outlook surprise, but UBS analyst remains optimistic about the company's future.

Berkshire Hathaway Reduces Stake in HPInc.
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Berkshire Hathaway Reduces Stake in HPInc.

Berkshire Hathaway has sold 4.6 million shares of HPInc. worth $118 million, aligning with its strategy of reducing investment. Berkshire now holds 106 million shares with a value of $2.7 billion, representing a 10.7% stake.

Duckhorn Portfolio Reports Strong Q4 Earnings and CEO Retirement
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Duckhorn Portfolio Reports Strong Q4 Earnings and CEO Retirement

Duckhorn Portfolio reports strong Q4 earnings, exceeding expectations, and announces retirement of CEO Alex Ryan after 35 years. Future sales projections and new interim CEO also revealed.